Name
Eric
Member since
November 2016
On-time repayments
82 installments • 24%
i was born the late 90,s in a family of 4, i was the only boy child, i grew up being very humble and ambitious , i joined primary school and later high school, where i experienced alot of difficulties moment since my father left my mother before i joined the college, since i had no otherwise i had to start small business with what mymum saved for me when i was schooling. that when i meet a company looking for distributors of there products, i partnered with the company where i had to be buying and sell there product to nearby counties here in Kenya. where i live culture is very unique, where everybody is targeting farming but i desired business. i also make sure that my children will follow my steps and venture in business. i like having a free time for my family .
i buy and sell health supplement, the health supplements are in high demand since people changed there life style like city dwellers. i choose this kind of business since i like helping and giving back to the community, mostly i buys in containers where a container cost 1000ksh, i buys like 10 containers daily, the profits i makes i reinvest in the same product to boost by daily purchase, then the rest i pays my home bills.
Describe what you will do with the loan. Am going to generate more income from this loan, since i need to buy more products to supplement my profit through buying more products for my customers, previously have been making 500ksh, am targeting a new rise of 800ksh and above, its going more benefits to me and and my clients will have enough products to purchase, thus increasing my profit as per my target daily.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$19.00
Date disbursed
Jun 13, 2017
Repayment status
On Time
Projected term
8 weeks
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Amount repaid
$18.97
Amount remaining
$0.00
Date repaid
Sep 1, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jun 23, 2017 | $2.96 | Jun 26, 2017 | $2.96 |
Jun 30, 2017 | $2.96 | Jul 14, 2017 | $2.96 |
Jul 7, 2017 | $2.96 | Jul 14, 2017 | $2.96 |
Jul 14, 2017 | $2.96 | Jul 18, 2017 | $2.96 |
Jul 21, 2017 | $0.00 | ||
Jul 28, 2017 | $0.00 | ||
Aug 4, 2017 | $6.91 | Sep 1, 2017 | $6.91 |
Aug 11, 2017 | $0.20 | Sep 1, 2017 | $0.20 |
Helen Horseman Jun 11, 2017
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